Aurico Metal Inc. (AMI)

[NYBob]

AuRico Gold and Carlisle Goldfields form a Strategic Partnership in the
Lynn Lake Gold District -
TORONTO, November 11, 2014 /PRNewswire/ --


AuRico Gold Inc. (TSX: AUQ) (NYSE: AUQ), ("AuRico" or the "Company") today
announced that it has entered into an agreement to subscribe for
70,600,000 common shares of Carlisle Goldfields Limited ("Carlisle"),
at a price of C$0.08/share, for total consideration of
approximately C$5.6 million (the "Private Placement"), subject to certain
conditions including approval of the Toronto Stock Exchange.
On closing of the Private Placement, AuRico will hold own 70,600,000
common shares of Carlisle, representing approximately 19.9% of the issued
and outstanding common shares of Carlisle on a non-diluted basis.

In conjunction with the Private Placement, AuRico has entered into a joint
venture agreement with respect to
Carlisle's Lynn Lake Gold Camp ("Lynn Lake" or the "Project"),
located in Lynn Lake, Manitoba, pursuant to which AuRico will acquire a
25% interest in the Project for an initial cash contribution of
C$5 million, with the option to earn up to an additional 35% interest
by funding C$20 million on the Project over a three-year period and
delivering a feasibility study within that time period.
Lynn Lake is a highly prospective past-producing gold camp consisting of
five near surface deposits with significant existing infrastructure in
place.

"This transaction with Carlisle represents a compelling, but low risk
opportunity to participate in the early stage advancement of a highly
prospective mining district in Canada and is consistent with our strategic
focus on high-quality assets in North America," stated Scott Perry,
President and CEO.

Readers should refer to the section entitled "Early Warning Disclosure"
provided in Appendix A at the end of this press release.

About AuRico Gold
AuRico Gold is a leading Canadian gold producer with mines and projects
in North America that have significant production growth and
exploration potential.
The Company is focused on its core operations including
the Young-Davidson gold mine
in northern Ontario, and
the El Chanate mine in Sonora State, Mexico.
AuRico's project pipeline also includes advanced development opportunities
in Mexico and Canada.
AuRico's head office is located in Toronto, Ontario, Canada.

Cautionary Statement

AuRico acquired ownership of the common shares of Carlisle that are the
subject of this press release for investment purposes. AuRico intends to
review its investments in Carlisle on a continuing basis....

This news release is not an admission that an entity named in the news
release owns or controls any described securities or is a joint actor
with another named entity.

AuRico's address is 110 Yonge Street, Suite 1601, Toronto, ON M5C 1T4.

For further information:

please visit the AuRico Gold website at

http://www.auricogold.com

or to obtain a copy of the early warning report to be filed by
AuRico in connection with the foregoing, please contact:

Scott Perry
Chief Executive Officer
AuRico Gold Inc.
[phone]
Anne Day
Vice President, Investor Relations and Communications
AuRico Gold Inc.
[phone]

AuRico Gold Inc. (AUQ) -

http://web.tmxmoney.com/article.php?newsid=71568109&qm_symbol=AUQ


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